VeloVita is a direct selling company that sells nutritional supplements, Nootropics which is called Smart Drugs, especially for increasing the Performance of the Brain.
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This is a complete review of Velovita company.
Here, you will know about,
- Profile of Velovita Company
- Products of the company
- Compensation Plan
- Joining fees
- and, many more
So, Let’s get started.
Table of Contents
What Is VeloVita Company?
VeloVita is a Multi-level Marketing company that deals with nutritional supplements. Basically, VeloVita sells one type of smart Drug to Boost Brain Performance.
VeloVita claims to enrich the education, inspiration, and life of individual users. The company continues to combine technology and tradition for the betterment of the people.
Velovita MLM company is located in Miami, Florida. Kosta Gara is the founder and CEO of VeloVita and Jeff Mac is the president and co-founder of Velovita network marketing.
According to the official website, the company has described the word VeloVita from The Velocity of Life. Though the company was founded in Florida, now it is running its business in various countries in North America and Europe, and in Japan.
Velovita Company Profile
Company Name | Velovita |
Founder | Kosta Gara and Jeff Ma |
Started | 2021 |
Products | Nutritional Supplements (Bran, Zlem, Uuth, Plos) |
Head Office | Miami, Florida |
Website | www.velovita.com |
Email Id | support@velovita.com |
Velovita Compensation Plan PDF | Download |
Mission and Vission of the Company
Mission
Providing an ecosystem of inspiration, education, and life prosperity. Velovita has focused on the individual alone to enhance their daily performance both mentally and physically.
Vission
Velovita envisions a global movement of people to realize their greatest potential by providing an environment where technology and tradition come together to create a platform for the betterment of all.
Velovita Product Reviews
The main focus of Velovita Company is manufacturing Health and Wellness products. According to the company’s website and manufacturer, this product is intended to provide the body’s central control and provides an instant boost to the Brain.
There are 4 main types of products that Velovita has to purchase.
- Bran – Redesigned at $69.95. “It’s a nanotechnology that boosts your brain instantly,” Velovita said. It is available in three flavors: Caramel Macchiato, Chocolate Sea Salt, and Lemon Drop.
- Zlem – Sleepy and slim for $79.95. According to the company, it contains ingredients that affect your body’s regeneration, recovery, and optimization and provide better sleep.
- Uuth – Time Reverser for $99.95. According to the company, it is a premium jelly to help you look youthful. It is available in a super berry flavor.
- Plos – is a “milk-free” coffee creamer with thermogenic properties that help you lose weight. It’s the only product you can’t hold in your mouth. The cost for 1 box of 25 Snaps of Plos is $ 99.95.
Joining Fees of VeloVita
Do you want to join the company? or Buy any of the products of the company as an affiliate of Velovita MLM Company?
To grab the Velovita business opportunity, You have to pay the $49.95 per month as a membership fee. and also purchase the Bran boxes to get a tier.
Here is the 4 level of affiliate:
- Apprentice: Buy 1 box of bran
- Promoter: Buy 6 boxes of bran
- Influential: Buy 12 boxes of bran
- Ambassador: Buy 25 boxes of bran
For the influential ad Ambassador level affiliates, Company waived the First Year Annual Fees.
VeloVita Affiliate Ranks
Velovita Company has 6 types of Affiliates ranked under its Compensation plan. Here is the table of requirements for each position of rank.
Rank | Requirement | Income |
Affiliate | Sign up with VeloVita | MLM commissions |
Star | Recruit 2 MLM commission affiliates | 10 residual commission cycles per week |
All Star | Recruit 4 MLM commission affiliates with one Star or higher affiliate on sides of the binary team | 50 residual commission cycles per week |
Rock Star | Maintain 4 personally recruited affiliates with one Star or higher affiliate on sides of the binary team | 50 residual commission cycles per week |
Super Star | Maintain 4 personally recruited affiliates with 4 Star or higher affiliates on sides of the binary team | 150 residual commission cycles per week |
V Star | Maintain 4 personally recruited affiliates with 4 Rock Star or higher affiliates on sides of the binary team | 500 residual commission cycles per week |
Note: To get MLM commission one must hire 2 associates and retain 3 retail customers.
VeloVita Compensation Plan
According to the Velovita Compensation Plan, there are a total of 7 ways to earn money from the company which is divided into 2 categories, One is by the method of Commission and another is Bonuses.
- Retail Commission
- Referral Commission
- Residual Commissions
- Matching Bonus
- Lifestyle Bonus
- Quarterly Partnership Bonus
- 5 Year Retirement Bonus
1. Commission
1.1. Retail Commission
Retail commission or Retail Income is when an Associate buys the product from the company at the Distributor’s price and sells it at MRP Price. The difference between the price is the Profit of the Associate.
1.2. Referral Commission
Basically, Referral commissions are paid in bran boxes purchased, basically, when You personally recruited new affiliates.
Level | Referral Commission |
Apprentice | 10% |
Promoter | 10% |
Influential | 15% |
Ambassadors | 20% |
1.3. Residual Commissions
To pay the residual commission, VeloVita follows a binary compensation structure which is one of the Best MLM plans.
The remaining commissions are paid per cycle. When the 200 GV sales on the weaker side match the 400 GV on the strong side, it means when it follows a 1:2 ratio, A commission paying cycle will create. The Company Pays $30 per cycle. Weekly residual commissions are limited based on rank.
Here is the chart of commissions that can be earned weekly from the company.
Serial No. | Rank | Commission |
1. | Star | $6000 for 200 cycles |
2. | All Star | $12,000 for 400 cycles |
3. | Rock Star | $27,000 for 900 cycles |
4. | Super Star | $54,000 for 1800 cycles |
5. | V Star | $1,20,000 for 4000 cycles |
2. Bonuses
2.1. Matching Bonus
The matching bonus is paid to the remaining commission through a uni-level compensation structure. In this income, the company will pay a commission from 5% to 9%. By the way, the company has also set a cap on seven levels of recruitment.
Rank | Level 1 | Level 2 | Level 3 | Level 4 | Level 5 | Level 6 | Level 7 |
Star | 5% | 4% | 3% | Nil | Nil | Nil | Nil |
All Star | 6% | 5% | 4% | 3% | Nil | Nil | Nil |
Rock Star | 7% | 6% | 5% | 4% | 3% | Nil | Nil |
Super Star | 8% | 7% | 6% | 5% | 4% | 3% | Nil |
V Star | 9% | 8% | 7% | 6% | 5% | 4% | 3% |
2.2. Lifestyle Bonus
Lifestyle bonuses are given weekly to star and high-ranking associates.
Serial No. | Rank | Earning |
1. | Star | $125 |
2. | All Star | $250 |
3. | Rock Star | $500 |
4. | Super Star | $1250 |
5. | V Star | $2500 |
2.3. Quarterly Partnership Bonus
In Quarterly partnership income, Company will give the 1% of the company’s turnover to the eligible Associate in the quarterly share bonus pool.
The V-Star-ranked affiliate acquires an equal share in the pool and is paid quarterly.
2.4. 5-Year Retirement Bonus
5-year retirement bonus income, the rank-based requirement, and Annual fees are put away if the MLM Commission qualification is maintained for five consecutive years as part of the 5-year retirement bonus.
Is Velovita A Scam?
Not technically, Velovita is not a Scam. You can make money with this program, but it is certainly not as easy as the company makes it sound. There is a lot of work to be done in advance, there is no real guarantee of success. John M Taylor says that the Network Marketing Success rate is only 0.04%.
And, most importantly the commissions are quite small. if you grind it for 3 months and then your reward is a $50 commission, it’s not really worth it.
Is Velovita a Pyramid Scheme?
I do not think, Velovita is Pyramid Scheme. It is an MLM Company, though, some people say, all MLM is Pyramid Scheme, but, it is not True. When an Associate of the company sell any products and recruit new member under them by selling Velovita Products, That time, company pay commission and Bonuses, as per the compensation plan. So, It is safe to say, Velovita is not a Pyramid Scheme.
Yet, I will refer you to read the Joining Checklist of Network Marketing company in detail, which will help to determine the information about the company and increase your confidence level before joining any Company.
Are VeloVita Products Safe?
As we already know, Velovita is a USA Based MLM Company. VeloVita Companyclaimed all of its Products are GMP and NSF certified without any side effects. The products contain mainly various berry and root extracts, caffeine, multivitamin-multimineral, and some synthetic substances as well as other herbs like horse odor.
By the way, It’s also to say, that Velovita company’s products are too expensive like other MLM companies.
VeloVita Pros and Cons
Pros:
- VeloVita Company is an established company that is working successfully Globally.
- The company has a huge money-making industry
- The company has a good management team with leadership experience.
- The products look good based on third-party reviews.
Cons:
- Some products have a unique delivery method.
- The company has not provided any Phone Number for Support which is a big concern.
- MLM is frowned upon by many people.
Should you join the Velovita network marketing?
Joining the Velovita company is your personal decision. Don’t be influenced by anyone. As a respected and trusted content creator and founder of Noni4all.com, I have only presented you with the facts about the company.
There are 4 types of Health Wellness and Nutritional Velovita Products. But, the truth is, these products are not essential for everyone and also there are many better and cheaper alternatives available.
VeloVita pays a good percentage of commission to their direct sellers on their personal sales and purchases to downlines. Keep in mind, the products of the company are expensive, so, maybe you will have trouble promoting and selling the products.
FAQ’s
-
Do Velovita products help in weight loss?
Yes, Velovita Zlēm not only helps you to lose weight and burn fat but also helps your body to get deep and restful sleep, to reduce stress, leaving you feeling light and rejuvenated.
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Is Velovita FDA approved?
No. Velovita products are not FDA Approved.
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Who is the Founder of Velovita?
Kosta Gara is Founder and CEO of Velovita, CEO at Gara Group, and CEO & Chairman of the Board at Vionic.
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How long has Velovita been around?
VeloVita Company was founded in 2020 and working for 3 years now.
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Are Velovita products safe to use?
Yes, Velovita products are generally safe to use. They are made with natural and carefully chosen ingredients and are free from harmful additives. However, it is important to consult with a healthcare professional before using any new supplement.
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How do Velovita products compare to other health and wellness companies?
Velovita products are designed to provide natural and innovative solutions for health and wellness. They may offer unique benefits compared to other companies. Basically, It is important to compare the products and ingredients to determine which may be the best fit for individual needs.
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What are the benefits of Velovita Nootropics products?
Velovita’s Nootropic products are designed to enhance cognitive function, memory, and focus. They may also provide support for mood and stress management. Each product may have unique ingredients and benefits, so it is important to read the labels and choose the one that best fits individual needs.
Conclusion
To sum up, Velovita is USA Based Nutritional Product selling MLM Company providing 7 types of income. So, I hope you have got the complete information about Velovita Company and Velovita Compensation Plan from this content.
Now, I’d like to know you:
According to you, How is the compensation plan of the company?
Let me know in the comment Right Now.
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A Blogger, Business Analyst! Somraj Mondal is Extensive experience in SEO and analyzing Different types of Businesses, Companies, and new methods of Marketing. Fountainhead of Noni4all, passionate about Digital Marketing and also Python Programming.